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PR Newswire

Hello Group Inc. Launches the Native Social App ‘inSpaze’ for Apple Vision Pro

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BEIJING, Feb. 5, 2024 /PRNewswire/ — Hello Group Inc. (NASDAQ: MOMO), a leading mobile social and entertainment player in China, has launched the native immersive social app inSpaze for Apple Vision Pro in the U.S.

inSpaze, the brand-new app specially developed for visionOS, is now available for all Apple Vision Pro users. With technologies such as 3Ds, Reality Converter, Reality Composer Pro, etc., the native spatial computing app inSpaze allows users to connect with Apple Vision Pro users globally, along with Spatial Audio and 3D interaction content.

inSpaze users can immerse themselves completely in a world of their own creation. In addition to persona support, users can also generate 3D avatars with one-click, as well as customize their personal space in the app: choose the wall paint and curtain color, select floor texture, add pictures on the wall, play personal collecting music, etc.

Regarding social features, inSpaze users can start or join a party at any time, and chat with Apple Vision Pro users worldwide. The app has 12 built-in language modes and provides real-time synchronized translation. inSpaze users can also play social games in the app such as chess, allowing them to control the chessboard and chess pieces in real time with gaze. Moreover, when not wearing the Apple Vision Pro, inSpaze users can also download the app on the App Store and use it on iPhone to connect with others.

With the integration of inSpaze’s cutting-edge technology and the unique platform on Apple Vision Pro, inSpaze breaks through the spatial isolation and language barriers, providing ultimate entertainment and social experience through immersive interaction. Similar to the evolution of the App Store on iPhone, the true potential of Apple Vision Pro will be realized through all new applications which haven’t been thought of yet. Just like inSpaze reshapes the boundary of social interactions, education, health, shopping, entertainment etc. will all get redesigned.

About Hello Group Inc.

Hello Group Inc. was founded in 2011 and listed on the Nasdaq Stock Market (NASDAQ: MOMO) in 2014. The company is a leading player in mainland China’s online social networking space. Through Momo, Tantan and other properties within our product portfolio, the company enables users to discover new relationships, expand their social connections and build meaningful interactions. Starting from 2019, the company has incubated a number of other new apps, such as Hertz, SoulChill, Duidui, TieTie and inSpaze, which target more niche markets and more selective demographics.

Source: Hello Group Inc.

PR Newswire

StringsSG Revolutionizes Aircon Servicing in Singapore Over the Last 12 Months

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SINGAPORE, Feb. 4, 2024 /PRNewswire/ — StringsSG, a leading player in the aircon servicing industry, is proud to announce its revolutionary impact on the market over the past 12 months. Through innovative approaches, data-driven pricing, strategic partnerships, and streamlined operations, StringsSG has redefined the standards of aircon servicing in Singapore.

1. Data-Driven Pricing:

StringsSG has set a new benchmark by consolidating over 20K data points since August 2018, leading to unparalleled precision in pricing. This extensive data collection empowers StringsSG to standardize and determine the most cost-effective aircon servicing rates in Singapore. The utilization of artificial intelligence in pricing calculations has resulted in a remarkable 91.2 percent probability that StringsSG offers the most competitive prices for aircon servicing, repair, or chemical wash services.

2. Partnering with the Best:

StringsSG’s commitment to excellence is underscored by its collaboration with some of the finest aircon contractors in Singapore. These partnerships enable StringsSG to deliver top-notch services, ensuring that customers experience optimal functionality of their air conditioning units. By aligning with experienced and reputable contractors, StringsSG prioritizes quality in every service provided.

3. Streamlined Operations:

StringsSG’s unique approach extends support to both customers and contractors, driving efficiency in operations and reducing costs:

Marketing: StringsSG handles marketing efforts, effectively promoting contractors’ services, eliminating the need for costly advertising investments.

Job Management and Scheduling: Efficiently managing appointments, scheduling, and assignment, StringsSG optimizes routes and minimizes downtime for contractors, resulting in cost reduction.

Invoicing and Accounting: StringsSG provides a centralized platform for invoicing and accounting, reducing overhead costs for contractors by eliminating the need for expensive accounting software or additional personnel.

4. Cost Efficiency Benefits Customers:

By helping aircon contractors cut down on overall expenses, StringsSG significantly reduces the cost of aircon services for customers. This cost efficiency allows consumers to enjoy the benefits of professional aircon servicing without compromising quality or breaking the bank.

StringsSG Pte Ltd stands as a beacon of innovation and cost-effective solutions in the aircon servicing sector, reinforcing its commitment to providing unparalleled services to the residents of Singapore.

StringsSG Pte Ltd is a Singapore-based tech startup dedicated to transforming professional and home services. Through advanced technology, StringsSG enhances user experiences and optimizes service efficiency, meeting the evolving needs of Singapore residents.

PR Newswire

Mindvalley Launches First Fully Immersive Meditation and Personal Development App on Apple’s Vision Pro

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Mindvalley is solo immersive Personal Development App Included on visionOS App Store 

KUALA LUMPUR, Malaysia and LONDON and NEW YORK and LOS ANGELES, Feb. 3, 2024 /PRNewswire/ — Mindvalley, the leading personal growth platform, is thrilled to announce the launch of its groundbreaking fully immersive meditation and personal development app on Vision Pro, Apple’s revolutionary spatial computing headset.

Mindvalley Vision Pro Launch

The app, jointly developed by Mindvalley and Oscar-winning creative studio, Framestore, represents a major breakthrough in personal development. With the integration of state-of-the-art virtual reality and audio technologies, users can now experience fully immersive meditations in breathtaking natural environments such as forests, deserts, and mountains. Additionally, the app offers a unique feature allowing users to practice and improve their public speaking skills through fully immersive simulations, in addition to Mindvalley’s extensive library of episodic personal growth content; Quests.

“We are incredibly excited about this collaboration with Apple,” said Vishen, Founder and CEO of Mindvalley. “Mindvalley was founded to help people push the boundaries of innovation and personal growth. By combining our passion for transformation with Apple’s cutting-edge technology, this app has the potential to revolutionize the way people approach meditation and personal growth.”

The collaboration between Mindvalley and Apple at the Vision Pro Developer Labs brought together two innovative forces in their respective industries. Mindvalley, known for its expansive library of online courses and programs, has impacted over 20 million lives worldwide by helping individuals unlock their full potential. Apple, renowned for its commitment to revolutionizing technology and creating seamless user experiences through its range of products and services, is on a continuous path of innovation.

As part of the Developer Labs, Mindvalley worked closely with Apple Worldwide Developer Relations in Singapore to integrate Vision Pro’s extraordinary capabilities with Mindvalley’s transformational content. Vision Pro offers high-quality displays, immersive environments, spatial audio, and advanced eye tracking, which were incorporated into the Mindvalley app to ensure an unparalleled level of immersion and interactivity.

“It was an honor to work with Apple’s amazing team in Singapore to gain unprecedented access to the Vision Pro as we developed the app,” said Manon Dave, Chief Product Officer of Mindvalley and Creative Technology Director at Framestore. “Vision Pro is the next step in personal computing, and we’re thrilled to have worked with Apple to bring Mindvalley to the forefront of wellness tech.”

To bring the experiences on the app to life, Mindvalley enlisted Framestore’s world-leading VFX and Immersive talent. “We are immensely proud to have collaborated with Mindvalley to bring forth a transformative experience for their users,” said Framestore CEO Mel Sullivan. “Partnering to integrate the unique capabilities of Apple Vision Pro was an extraordinary opportunity for our immersive team, leveraging our expertise honed in crafting world-class visuals for every screen. This project underscores our commitment to push the boundaries of technology while highlighting how innovation can be used to create a meaningful and impactful experience that resonates with people on a profound level.”

For more information about Mindvalley and their upcoming immersive app on Vision Pro, visit their website at www.mindvalley.com.

About Mindvalley:
Mindvalley is the world’s most powerful transformation platform that helps people step into their greatness. From longevity and wellness, to peak performance and spirituality, we provide cutting-edge programs from leading experts to help people achieve success and happiness and find fulfillment. Mindvalley’s learning platform, called ‘Quest’, introduces a new way of learning that delivers unparalleled results in human transformation. Mindvalley reaches more than 195 countries and has a vibrant community of 20 million passionate followers, boasting over 19,000 success stories and counting. Follow Mindvalley for more life-changing content at mindvalley.com or on social media: Instagram, Facebook, YouTube and TikTok.

About Framestore:
Framestore is a multi Academy Award-winning creative studio that combines talent and technology to reframe the possible in film, content, advertising and immersive experiences. Framestore is home to over 3,000 storytellers and innovators, united by a mission to bring life to everything they create. Founded in the UK in 1986, Framestore has studios in New York, LA, Chicago, Montreal, Vancouver, London, Melbourne and Mumbai.

Video – https://mma.prnasia.com/media2/2333273/Mindvalley_Vision_Pro_Launch_Sizzle.mp4

https://mma.prnasia.com/media2/2333273/Mindvalley_Vision_Pro_Launch_Sizzle.mp4
PR Newswire

KEENON Robotics’ DINERBOT T9 Pro Receives Esteemed 2023 GOOD DESIGN® Award by The Chicago Athenaeum: Museum of Architecture and Design

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CHICAGO, Feb. 3, 2024 /PRNewswire/ — KEENON Robotics is delighted to announce the recognition of its DINERBOT T9 Pro, an autonomous delivery robot, honored with the esteemed 2023 GOOD DESIGN® Award by The Chicago Athenaeum: Museum of Architecture and Design. This acknowledgement celebrates the exceptional design aimed at simplifying the pick-up process and transforming dining experiences through engaging interactions. The DINERBOT T9 Pro ensures patrons retrieve items effortlessly, enhancing user convenience and marking a significant milestone in service robotics innovation.

KEENON DINERBOT T9 Pro Receives 2023 GOOD DESIGN® Award by The Chicago Athenaeum: Museum of Architecture and Design
KEENON DINERBOT T9 Pro Receives 2023 GOOD DESIGN® Award by The Chicago Athenaeum: Museum of Architecture and Design

This cutting-edge service robot transforms dining experiences by inviting patrons to actively engage with their meal by self-pickup, eliminating the need to stand or perform additional steps, significantly improving user convenience and efficiency. Upon reaching the table, it orchestrates a seamless self-service experience through a large-screen display, friendly voice prompts, and integrated lighting. With upgraded scene recognition, fluid movement, human-robot interaction, and data optimization, the T9 Pro epitomizes elegance while paving the way for intelligent automation.

Crafted with meticulous attention, the DINERBOT T9 Pro merges aesthetics and practicality seamlessly. Its sleek, contemporary design combines simplicity and innovation, presenting a visually compelling appearance that harmoniously balances style and technological advancement, marking a unique standard in intelligent robotics.

KEENON Robotics’ recognition with the 2023 GOOD DESIGN® Award, alongside exceptional designs, reaffirms its commitment to crafting robots that seamlessly integrate into and enhance various facets of everyday life. This prestigious accolade not only acknowledges the pursuit of exceptional design but also strengthens its mission to create technology that harmoniously aligns with human needs, contributing to a more accessible and efficient future. The DINERBOT T9 Pro’s streamlined operations for restaurants and enhanced dining experiences for customers showcase its praticality and necessity in evolving service robotics.

For more information and press inquiries, please contact global@keenon.com or visit www.keenon.com/en/ 

About KEENON Robotics

A global leader in commercial service robots and solutions, KEENON Robotics has been at the forefront of the advanced service robot market since 2010. Harnessing cutting-edge technologies in robotics and cloud computing, the company is trusted by businesses worldwide. KEENON Robotics is dedicated to creating value, fostering innovation, and contributing to industry growth across various sectors.

PR Newswire

Walt Disney Studios and Pixelworks Enter into a First of its Kind Multi-Year Agreement to Expand Reach of TrueCut Motion Technology

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Disney will pioneer motion grading on select titles ensuring playback matches filmmaker creative intent

BURBANK, Calif., Feb. 1, 2024 /PRNewswire/ — In a new agreement, Walt Disney Studios and Pixelworks will bring a collection of TrueCut MotionTM graded titles to select home entertainment devices. These titles maintain a new level of true filmmaker creative intent by eliminating motion playback anomalies, while maintaining the desired brightness levels; all while preserving the authentic cinematic motion look and feel of the source.

“At Disney, we are always looking for ways to elevate the viewer experience,” said Rachel Hutter, Head of Operations, Disney Studios. “TrueCut Motion technology brings a new level of creative reach to our filmmakers like never before.”

The revolutionary and award winning TrueCut Motion technology provides filmmakers with shot-by-shot motion grading tools, enabling new looks for storytelling, as well as correcting various motion anomalies that have plagued the latest high contrast, very bright consumer device displays. TrueCut Motion technology then ensures that these creative choices are precisely mastered into the source material, delivering content with unparalleled quality to device displays.

“Disney once again is extending the boundaries of the home cinematic experience, empowering its filmmakers to delight their audiences, and we are proud to be a part of it,” said Richard Miller, GM of TrueCut Motion at Pixelworks.

Pixelworks and TrueCut Motion are registered trademarks of Pixelworks, Inc.

About Walt Disney Studios
For 100 years, The Walt Disney Studios has been the foundation on which The Walt Disney Company was built. Today it brings quality movies, episodic storytelling, and stage plays to consumers throughout the world. The Walt Disney Studios encompasses a collection of respected film studios, including Disney, Walt Disney Animation Studios, Pixar Animation Studios, Lucasfilm, Marvel Studios, Searchlight Pictures, and 20th Century Studios. It is also home to Disney Theatrical Group, producer of world-class stage shows, as well as Disney Music Group.

About Pixelworks
Pixelworks, Inc. (Nasdaq: PXLW) provides industry-leading content creation, video delivery and display processing solutions and technology that enable highly authentic viewing experiences with superior visual quality, across all screens – from cinema to smartphone and beyond. The Company has more than 20 years of history delivering image processing innovation to leading providers of consumer electronics, professional displays and video streaming services. Pixelworks’ TrueCut Motion ecosystem allows filmmakers to create visually stunning motion, scene by scene while ensuring the director’s intent is precisely delivered in cinemas or home theaters.
For more information on Pixelworks, visit: www.pixelworks.com

For more information on TrueCut Motion, visit: www.pixelworks.com/truecut

Pixelworks_Logo_V1
Pixelworks_Logo_V1

Source: Pixelworks, Inc.

PR Newswire

WeBank Recognized as a World Leading Digital Bank driven by Innovation

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SHENZHEN, China, Jan. 31, 2024 /PRNewswire/ — Leading IT market research and advisory firm International Data Corporation (IDC) published its latest case study report, How Does WeBank Lead the Way Among Digital Banks Worldwide? (Doc # CHE50976724,January 2024) The report recognizes WeBank as the benchmark in the development of digital bank worldwide.

The report provides an in-depth analysis of the successful practices of WeBank as a world-leading digital bank in terms of its innovation in technology, digital inclusive finance business model, digital risk management and user experience.

(Executive snapshot from How Does WeBank Lead the Way Among Digital Banks Worldwide? (CHE50976724) published on 31 January 2024)
(Executive snapshot from How Does WeBank Lead the Way Among Digital Banks Worldwide? (CHE50976724) published on 31 January 2024)

“WeBank’s innovative ideas and methods in digital bank development are not only applicable to itself but also highly valuable for all digital banks, traditional banks, and other financial institutions,” Alice Wen, research manager at Financial Insights, IDC China, says, “it is recommended that financial institutions fully leverage emerging technologies to actively adopt a blue ocean strategy in developing financial inclusion business, while maintaining a sense of crisis and continuous innovation to gain the initiative and advantage in the future competition.”

WeBank Takes Fintech and Innovations to Drive the Development of Businesses

Amid the rise of digital banks across Asia, Europe, and the Americas, WeBank takes a prominent position by leveraging financial technology to introduce innovative products in China’s financial sector.

The report fully analyzes the resources WeBank has committed to the research and development of core and key technologies such as Artificial Intelligence, Blockchain, Cloud Computing, and Big Data (ABCD) to construct as well as support its business. Notably, WeBank’s Openhive-based distributed core banking system has ensured a secure, efficient, and superior digital customer experience catering to its growing consumer base.

Simultaneously, WeBank advocates for FinTech open source on two fronts: internally via its open-source governance system, and externally through open-source projects centering around ABCD technologies. By June 2023, WeBank had successfully launched 35 open-source projects.

WeBank as an Example of Digital Banking in Financial Inclusion 

Entering its tenth year, China’s inclusive finance development, featuring digital finance variables, is key in the government’s agenda to boost the nation’s financial strength.

WeBank’s strides in this field have filled market gaps and demonstrated the great potential of sustainable inclusive finance within commercial businesses. It brings lasting changes in perceptions within financial institutions from the aspects of FinTech capability, digital product innovation, risk management and customer experience. By now, WeBank has delved into two segments, namely consumer finance and MSME (small and medium-sized enterprises) finance, providing high-quality services to over 370 individual customers and 4.1 million micro, small and medium-sized entities in China. Its successful innovation in inclusive finance has led to ripple effects in industry development, making it a desirable model even for global digital banks.

In November 2023, WeBank was awarded the honor of “Special Award for Digital Native Business” by IDC Future Enterprise Awards in Asia-Pacific region, acknowledging its forward-thinking and exceptional innovation.

Full report:
https://www.idc.com/getdoc.jsp?containerId=CHE50976724&pageType=PRINTFRIENDLY 

About WeBank

Launched in 2014, WeBank Co., Ltd. (“WeBank”) is the first digital bank in China. WeBank provides more convenient financial services to micro-, small- and medium-sized enterprises (MSMEs) and the public, and continuously improves the quality of services in response to customers’ specific needs. As one of the top 100 banks in China, WeBank now ranks 284 in the Top 1000 World Banks by The Banker.

WeBank focuses on innovation and technology. As the first commercial bank to obtain the national high-tech enterprise certification in China, WeBank has maintained its proportion of technical personnel above 50% since its establishment, while its research and development expenses of accounted for around 10% of its revenue. WeBank is now at the top of the industry in core technologies such as artificial intelligence (AI), blockchain, cloud computing and big data.

PR Newswire

Cloudwerx Acquires Lightfold, Australia’s Leading Data and AI Consultancy

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SYDNEY, Jan. 30, 2024 /PRNewswire/ — Cloudwerx, an APAC Salesforce Summit partner, today announced the acquisition of Lightfold, a top-tier data analytics and artificial intelligence (AI) consultancy.

Toby Wilcock headshot
Toby Wilcock headshot

The acquisition is a strategic expansion of Cloudwerx’s capabilities, combining its robust Salesforce and automation solutions with Lightfold’s innovative approach to data analytics and AI. Cloudwerx is well positioned to deliver highly innovative solutions to its customers across the APAC region.

The deal is Cloudwerx’s first acquisition proceeding the investment from leading Australian growth fund, CVC Emerging Companies, in May 2022.

“Cloudwerx’s acquisition of Lightfold unlocks new and exciting opportunities for our customers, who can now access AI and customer data tools to drive organisational improvement. This partnership is set to redefine the landscape of tech consulting, by providing our clients with a broader range of advanced, data-driven services to maintain a competitive edge. Both companies share a vision for driving business transformation through advanced technology, making this partnership a natural fit,” said Toby Wilcock, CEO of Cloudwerx.

Lightfold is a leader in the deployment of the ‘modern data stack’ – the collection of next-generation cloud data and AI solutions. The modern data stack is growing rapidly worldwide as both a replacement of legacy business intelligence tools as well as a critical enabler for the rise of large language models (LLMs) and AI within an organisation. Lightfold works with organisations across sectors such as financial services, telecommunications, retail and consumer goods, and high tech.  

“The future of competitive business advantage lies in the ability to utilise cloud-based systems that integrate customer information to surface insights and inform business decisions. At the heart of this transformation are pioneers like Cloudwerx and Lightfold, whose complementary strengths open up new possibilities. We believe that Lightfold’s tools combined with Cloudwerx’s team of expert consultants will offer the most advanced business solutions on the market,” said John Cosgrove, Founder and CEO of Lightfold.

“Lightfold has been a long term strategic partner of Cloudwerx, the acquisition complements our strategic investment in data analytics and AI technologies. The combination of the two businesses will enable Cloudwerx to unlock operational efficiencies and deliver insight that our customers had never thought possible. Together we are excited to be offering real world data analytics and AI solutions as one highly specialised team,” said Roger Burgess, Non-Executive Chairman and Co-Founder of Cloudwerx.

Following the acquisition, Cloudwerx will continue its focus on mid-market and enterprise businesses in the retail and consumer goods, financial services, high tech and health, and life sciences industries among others, to accelerate growth through best in class cloud technology consulting services and solutions.

About Cloudwerx

Cloudwerx, a Summit Salesforce Partner, is redefining the digital transformation landscape in the APAC region. We specialise in Salesforce solutions, integrating leading cloud platforms to drive business growth and operational efficiency. At the core of our strategy is a deep commitment to client-centric solutions, ensuring each technology strategy is uniquely aligned with our clients’ objectives. Our comprehensive suite of services includes strategic advisory, platform implementation, advanced data and systems integration, automation and managed services. Cloudwerx is dedicated to steering businesses towards a digitally empowered future, acting not just as consultants but as strategic partners in transformation and growth. Visit: https://cloudwerx.co/

About Lightfold

At Lightfold, we’re experts in harnessing the Modern Data Stack to elevate your data’s potential and optimise the customer experience. We craft bespoke assets ranging from intuitive dashboards and predictive AI models to comprehensive customer data platforms. Our goal is to empower your team and drive your business forward with data-driven precision and innovation. Visit: https://lightfold.com.au/ 

PR Newswire

Raytron to Light Up SPIE Photonics West 2024 with Infrared Tech Marvels

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SAN FRANCISCO, Jan. 29, 2024 /PRNewswire/ — Raytron will meet the customers at booth No.4118 of SPIE Photonics West in the Moscone Center, San Francisco from January 30 to February 1, 2024. The world’s first 8μm 1920 uncooled long-wave infrared detector will make a stunning debut, and the highly praised G series thermal module and Mini and Tiny series modules will also be presented. In addition, InfiRay®, a brand of Raytron, will also unveil innovative short-wave infrared detectors.

At this exhibition, Raytron will present the InfiRay® ASIC Uncooled Thermal Module. The G1 Thermal Module is equipped with a self-developed 12μm VOx ceramic infrared detector with a high resolution of 1280×1024. The Mini and Tiny series modules are highly praised by customers for their high performance and cost-effectiveness. 

Jason Xu, Business Development Manager of Raytron, says: “InfiRay® ASIC Uncooled Thermal Module is definitely the best. InfiRay’s self-developed ASIC module is an all-round product and is lighter, smaller, and cheaper than traditional thermal imaging modules. It has better performance and low power consumption. I’d like to regard it as the perfect component for infrared detectors. We will have a live demonstration of the Mini series module. Welcome to our booth to experience it.”

In addition to the long-wave infrared products, Raytron is also exploring the short-wave infrared technology. The universal short-wave detector RTS615B_M1, liner array short-wave detector RS1012L-C, and other short-wave detectors will be unveiled at SPIE Photonics West 2024. They can provide various solutions. These innovative products can play a critical role in many industries, such as machine vision, industrial sorting, spectral imaging, semiconductor detection, and biomedical imaging.

“Speaking of technological innovation, I must talk about the world’s first 8μm 1920 uncooled infrared detector,” Jason Xu says proudly. “We present this product this time specially, so you can enjoy the beauty of technological innovation up close. We also offer the WLP sensor for users with specific needs.”

Raytron, founded in 2009, is a global leader in the infrared thermal imaging industry. Among the 2,000+ employees of Raytron, over half of them are dedicated to innovation and R&D. Raytron is leading the industry with more than 2,030 intellectual property projects in multiple fields, including integrated circuits, MEMS sensor design and manufacturing, and image algorithms.

InfiRay Booth Information: 
Exhibition Dates: 30 Jan – 1 Feb 2024
The Moscone Center, San Francisco, California, United States
Booth No. 4118

Contact Information:

For more information or interviews, please contact:
Marketing Department of Raytron
E-mail: marketing@raytrontek.com
Facebook：https://www.facebook.com/InfiRayGlobal
Instagram：https://www.instagram.com/infiray_technology/
Official Website: https://www.infiray.com/ 

PR Newswire

APAC businesses expected to nearly triple spending on generative AI to US$3.4bn in 2024: Infosys Research

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Spending trails North America but adoption, effectiveness, and growth are among the highest globally

MELBOURNE, Australia, Jan. 27, 2024 /PRNewswire/ — Companies across Asia-Pacific (APAC) are quickly ramping up investments in generative AI (GenAI) and entering a higher stage of maturity, according to new research from the Infosys Knowledge Institute (IKI), the research arm of Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting. While APAC companies currently lag behind their North American counterparts in GenAI spending, the research forecasts a bigger increase than in any other region – 140% in the next year. This translates to an estimated US$3.4 billion to be invested across Australia, New Zealand, China, Japan, India, and Singapore.

Infosys’s Generative AI Radar APAC report includes insights from interviews with business leaders and AI practitioners and a survey of 1,000 respondents from Australia, New Zealand, China, Japan, India, and Singapore. The report also highlights the following insights.

ANZ GenAI spending growth is among the highest in the APAC region and globally

  • Enterprises across APAC are investing heavily in GenAI. China leads the region, with investment expected to grow by more than 160% to US$2.1 billion, with Australia and New Zealand growth close behind.
  • ANZ investment is expected to grow by more than 150%, from US$60 million to US$151 million in 2024.

Australian companies are more likely to deliver business value from GenAI investments than European and North American counterparts

  • While Australia lags Europe and North America in current investment (as a proportion of GDP), the money it does spend, it spends more effectively.

Biggest obstacles to APAC adoption are caution around responsible AI, concerns about impact on reputation, and employee readiness

  • Responsible AI (data privacy, data usability, ethics and bias) is a concern for APAC countries, though ANZ is less concerned about data usability.
  • APAC is more cautious about GenAI’s business impact than North America and Europe; almost 10% expect a negative impact on reputation versus less than 5% for North America and Europe.
  • ANZ has the lowest level of employee readiness for generative AI, at 56%, compared to nearly 70% in other companies in the region. Firms in Australia and New Zealand are mostly looking to upskill their existing workforce to fill that gap.

APAC companies are more likely than other regions to see product development and content generation areas of greater impact

  • More companies in APAC (30%) than North America (20%) and Europe (25%) expect GenAI to be effective for streamlining product development and design – China drives this view, with nearly 35% emphasising this area for maximum GenAI impact.
  • APAC companies are also more likely to believe GenAI will transform content generation and creativity. Twenty-two percent of APAC firms held this sentiment, led by 30% Japanese companies holding this view.

Andrew Groth, Executive Vice President, Asia Pacific, Infosys, said: “Generative AI is clearly a transformative technology. Although company leaders across APAC have been more cautious than companies in the rest of the world, they are set to outpace firms in other regions. Additionally, they are already delivering more value from their spending on generative AI. To continue to make the most of this technology and to become AI-first organisations, they should focus on talent development and making AI more accessible through a platform ecosystem.”

To read the full report, please visit here.

About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor
Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

Logo – https://techent.tv/wp-content/uploads/2024/01/apac-businesses-expected-to-nearly-triple-spending-on-generative-ai-to-us3-4bn-in-2024-infosys-research.jpg

PR Newswire

ViewSonic’s 4th ColorPro Awards “RISE”: Fusing Art and Technology in Global Creative Endeavors

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Reflecting on a Journey of Personal Growth and Artistic Expression in London, Taipei, and a Notable Debut in Ho Chi Minh City

BREA, Calif., Jan. 27, 2024 /PRNewswire/ — ViewSonic Corp., a global leader in visual and EdTech solutions, celebrates the successful conclusion and significant expansion of the 4th ColorPro Awards. Themed “RISE,” this edition symbolized growth and resilience, harmonizing with the event’s expansion into a physical exhibition in Vietnam and the introduction of a new videography category. These developments embodied the essence of “RISE,” signifying a journey of transcendence within the global creative community. The events across London, Taipei, and Ho Chi Minh City showcased ViewSonic’s dedication to delivering tailored visual solutions for diverse markets, as well as its commitment to fostering a global community of creators through its innovative ColorPro solutions—where advanced monitor technology meets creativity and precision.


The 4th ColorPro Awards: RISE – Highlights of the UK, Vietnam, and Taiwan Exhibitions​.

“We feel honored to have reached new heights of participation worldwide, with entries for the ColorPro Awards growing fivefold since its inception,” said Oscar Lin, General Manager of the Monitor Business Unit at ViewSonic. “As we continue to deliver advanced color-critical solutions, we are committed to bringing the ColorPro Awards to more realms and regions, uniting more creators in our journey. The expansion into new regions, like this year in Vietnam, and the introduction of the videography category, reflect our dedication to exploring new possibilities in the creative field and amplifying our global impact.”

The London ceremony of the ColorPro Awards’ winning artworks marked the beginning of the global tour. Showcasing the latest innovations in the ColorPro lineup, the event featured the new ColorPro Sense and ColorPro Integrate software, along with product demonstrations that emphasized color accuracy and efficiency in creative workflows. This London event not only demonstrated ViewSonic’s leadership in visual solutions but also celebrated the artistic achievements of the ColorPro Awards winners.

In Ho Chi Minh City, the inaugural ColorPro Awards event symbolized a celebration of ViewSonic’s achievements in the Vietnamese market, acknowledging the company’s engagement with the local creative community and partners. Initiated by a large-scale press event with more than 100 participants, this dynamic and immersive experience showcased ViewSonic’s diverse product range, presenting a harmonious blend of art and technology. Accompanied by a series of targeted events for key partners and distributors, the occasion highlighted ViewSonic’s commitment to delivering comprehensive visual solutions. Additionally, the ColorPro Talks held during the event exemplified ViewSonic’s dedication to cultivating innovation and creativity, providing an enriching platform for the creative community to network and share insights.

In Taiwan, the ColorPro Awards media gathering showcased the latest in ColorPro monitor solutions and the broader ecosystem. The event infused ViewSonic’s Taiwan office with the finalists’ artwork, creating an immersive exhibition. Attendees experienced the innovative ColorPro wheel and witnessed demonstrations highlighting ViewSonic’s diverse monitor solutions for various user groups. Reflecting ViewSonic’s dedication to advancing visual technology and creative expression, the event emphasized the company’s comprehensive ecosystem through the demonstration of the practical benefits of precise color calibration and streamlined creative workflows.

The 4th ColorPro Awards by ViewSonic set a new standard in creative expression and technological innovation. The expansion into new regions and the addition of new categories underscores ViewSonic’s growing global influence and commitment to the creative industry. The events in London, Ho Chi Minh City, and Taipei not only celebrated artistic talent but also showcased ViewSonic’s leadership in the visual solutions sector through the convergence of art and technology.

About ViewSonic
Founded in California, ViewSonic is a leading global visual solutions provider, conducting business in over 100 countries worldwide. As an innovator and visionary, ViewSonic is committed to providing comprehensive hardware and software solutions that include monitors, projectors, pen displays, commercial displays, All-in-One LED displays, ViewBoard interactive displays, myViewBoard software, and its ecosystem. With over 35 years of expertise in visual technology, ViewSonic has established a strong position for delivering innovative and reliable solutions for education, enterprise, consumer, and professional markets and helping customers “See the Difference.” To find out more about ViewSonic, please visit www.viewsonic.com

ViewSonic's 4th ColorPro Awards Titled Rise Concluded Successfully.
ViewSonic’s 4th ColorPro Awards Titled Rise Concluded Successfully.

Source: ViewSonic Corp.